SOURCE: Global Earth Energy Inc.

June 20, 2011 15:38 ET

Global Earth Energy Inc. Signs a Purchase and Sale Agreement for the Cheyenne Resources Rail Tipple

WILMINGTON, NC--(Marketwire - Jun 20, 2011) - Global Earth Energy Inc. (OTCBB: GLER) (OTCQB: GLER) is pleased to announce the planned acquisition of a rail loading facility in conjunction with our project with Modern Coal in the Kentucky area. GLER has signed a purchase and sale agreement for the Cheyenne Resources rail tipple. Closing is set for August 11, 2011. This will give the joint venture of Global Earth Energy and Modern Coal loading capabilities for the CSX Railway as previously announced. It will also allow the company to ship directly from their newly acquired and announced Samuel Coal facility to the east coast and Mississippi River.

GLER and Modern Coal Shipping Strategy

GLER has issued and executed a written agreement to acquire a rail loading facility in order to be able to transport coal more efficiently from the project's operating area. The facility is serviced by the CSX Railroad System, which allows direct service throughout the eastern USA and east coast international export piers (e.g. Baltimore, MD). Barge loading is available on the Big Sandy River with access to New Orleans and other ports on the Gulf of Mexico. With proper planning and scheduling, it should be possible to load partial or full boat shipments as the customer may require.

The total cost of the facility will be approximately $2,500,000.00, with the potential income to the companies of over $12,000,000.00 annually. This will allow GLER to have income from other coal producers in the area in need of transportation. "Strategically it's a great play for us in the region," stated Sydney Harland, CEO of Global Earth Energy.

About Global Earth Energy Inc.

Global Earth Energy Inc. provides renewable energy solutions. In addition, the Company is pursuing joint venture agreements with green solution providers worldwide.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Certain risks are detailed in the Company's Form 10-K and other periodic filings with the Securities Exchange Commission at This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Contact Information